Excuses evolve, but the payment still doesn’t arrive.
He pointed out that many civil servants are taking on loans beyond their financial capacity, often just to maintain a certain image.
The loan shark later offered to clear their name at a fee of RM3,305.
The victim reportedly hung himself last November.
“We’ve already lost our son. Please stop tormenting us.”
Over 70% of my salary gone to housing. Was it worth it?
He said his son borrowed the money while working in S’pore.
‘Saving myself before anything else.’
The man’s total debt of RM480,000 includes a house, five personal loans, two credit cards, and a motorcycle loan.
The sub-contractor alleged she had failed to settle the debt since 2018.
He eventually amassed RM13,000 in debt from 12 lenders, forcing him to drop out of school and live with his uncle.
‘Before borrowing, think critically about your ability to repay.’